Weir Group (OTCMKTS:WEGRY) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Weir Group (OTCMKTS:WEGRY) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $21.72 and traded as high as $24.07. Weir Group shares last traded at $23.9550, with a volume of 10,534 shares traded.

Analysts Set New Price Targets

Several research analysts have recently weighed in on WEGRY shares. The Goldman Sachs Group lowered shares of Weir Group from a “buy” rating to a “hold” rating in a research note on Thursday, November 6th. Citigroup reiterated a “buy” rating on shares of Weir Group in a report on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Weir Group in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Weir Group has an average rating of “Moderate Buy”.

Weir Group Stock Down 0.1%

The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.32 and a current ratio of 2.09. The firm’s fifty day moving average is $21.72 and its 200 day moving average is $19.58.

Weir Group Company Profile

Weir Group PLC is a Glasgow‐based engineering firm specializing in the design, manufacture and aftermarket servicing of equipment for the minerals, oil & gas and power industries. Founded in 1871, the company has built a reputation for delivering robust solutions that improve safety, efficiency and sustainability across challenging industrial environments. Its core focus lies in high‐performance equipment that supports critical processes such as ore extraction, fluid handling and pressure management.

The company’s Minerals division supplies a comprehensive range of products including slurry pumps, hydrocyclones, crushers and grinding mills, which are widely used in mining and quarrying operations.